Ms. Pam Zhou is a very talented landscapist with a rapidly growing clientele. While her previous employer had taught her a great deal, she was unable to provide her with the flexibility and salary she deserved for her level of technical skill. Thus, she decided to take a position with Bella Gardens (BG), a Canadian controlled private corporation located in Pictou, NS. On March 1, 2022, she relocated the 250 kilometers to Pictou and immediately began working for BG. BG paid for all Ms. Zhou's moving expenses. This moving benefit is non-taxable. The compensation package offered to Ms. Zhou included a salary of $118,500 per year, a one-time bonus of $12,000 (half to be paid on March 1, 2022, and the other half to be paid on January 1, 2023) and employee stock options to purchase 2,000 shares of the company for $9 per share, as well as other benefits. The stock options and benefits package are available to all employees. The fair market value of the shares on the date of the offer was $9 per share. Ms. Zhou is expected to regularly meet with clients in her home to review landscaping designs that she generates on her computer. Since she would like to maintain a certain level of privacy for her clients, she decided to purchase a home instead of renting an apartment. Since she had not yet sold her old home in Lower Cove, NS, the company decided to provide her with a ten-year, interest free loan to cover the down payment of $60,000 on her new home. The prescribed rate of interest at the time the loan was provided (February 1,2022 ) was 3.5% and increased to 4.0% on July 1,2022 . All of this was completed just prior to her move and the house was ready for her arrival on March 1, 2022. Ms. Zhou is responsible for purchasing her own supplies for employment purposes. The company will provide her with Form T2200 each year stating that she is required to pay for certain employment expenses without reimbursement and to confirm that she is required to use a of portion of her home for employment purposes. Other Information: 1. BG provided Ms. Zhou with an allowance of $2,000 to cover expenses related to the renovation of one of the rooms in her home for the purpose of providing consultation to clients. Her actual expenses were as follows: 2. BG contributed $3,500 to the company RPP on behalf of Ms. Zhou. 3. During the period March 1, 2022, to December 31, 2022, Ms. Zhou earned a salary of $98,750. Of these earnings, $93,800 was paid by the end of 2022 with the balance paid in January 2023. The rnmnanu withhold tho following amnuinte from her salary: 4. BG provides group medical coverage to all its employees. The private health plan premiums paid by BG on behalf of Ms. Zhou cost $1,800. 5. BG strongly believes that employees who partake in healthy living get sick less often and achieve higher performance in the workplace. Thus, they have provided Ms. Zhou with a fitness membership at the local YMCA that cost the company $750 in 2022. They also paid $350 for her to take a painting class in November 2022. BG supports hobby interests to help maintain the mental health of its employees. 6. Ms. Zhou exercised her employee stock options on October 1, 2022, when the shares were trading at $12 each. She has not yet sold her shares and intends to hold them for at least two years. 7. Ms. Zhou paid $600 in professional dues in 2022 . The company does not reimburse its employees for their professional dues. 8. BG paid Ms. Zhou a monthly allowance of $300 for ten months in 2022 to cover the costs of maintaining workspace in her home. Ms. Zhou used her home workspace from March 1 to December 31, 2022. The workspace occupies 200 square feet of her 2,000 square foot home. The costs associated with her home and various home office expenses include: 9. Ms. Zhou was provided with an automobile that cost $50,000 (HST included). The vehicle was available to her for the entire ten months she was employed with BG in 2022. During this period, she drove a total of 20,000 kilometers, 6,000km were related to personal use of the vehicle. BG pays all operating and maintenance costs related to this vehicle. Required: Determine Ms. Zhou's net employment income for 2022. Show all supporting calculations and explain the treatment of each item to receive full grades. Show your details in notes to the summary. Round all calculations to the nearest whole dollar. All amounts must be properly formatted as follows: $XX,XXX OR XX,XXX (if $ is not needed on that line) Hint: Refer to comprehensive homework and practice problems for formatting and technical examples for this assignment 
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